Ethics Essay Example | Topics and Well Written Essays - 250 words - 30

Ethics - Essay Examplethe local community was that the play along had to deal with a major blow to this reputation given(p) that it is the worlds largest private employer with approximately 2011 sales of $421.85 billion (Brown and Mitchell 592). The scandal prolonged the struggle within the family that pitted publicized commitment to the highest incorrupt and ethical standards against its relentless pursuit of growth. The company lost customers due to the scandal and it is working hard to rev up growth in its U.S. business (DePree and Jude 21). For instance, it is orient merchandise to clusters of stores which can attract similar shoppers it had before. At the companys Sams Club division which saw its small business members progressively strapped, the company lowered its prices on key items to attract customers back (Brown and Mitchell 596). The company is also working hard overseas to increase profitability and sales in markets like Brazil and China.The impact of this ethical issue to other stakeholder groups like Fayetteville Ark who are the companys executives are expected to make the case to change the way the company does business overseas as well as outlining new growth opportunities at the worlds largest retailer (Dharmendra & Haikm 1). The companys stakeholders have faced increased scrutiny from investors over how it has handled allegations of bribery in its Mexican operations which surfaced like a year ago (Heinman 13). Activist shareholders of the company have been denied a chance to vote out the board members like the descendant of the company who is the founder and owns around 50% of the companys shares (Anja 1). contempt this, the fact remains that the growing dissent has shown a loss of confidence wit the board. The companys customers and stakeholders no longer have the confidence they had for the company before it was involved in the